Bank Archives — City Business News

May 4, 2024 No Responses

Court Jails Ex-FCMB Manager 121 Years For N112m Fraud

Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former manager with First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting...

December 6, 2023 No Responses

Photo News

The First Lady of Kebbi State, Hajiya Zainab Nasare Nasir Idris on Tuesday paid a courtesy visit to the Managing Director/Chief Executive NEXIM Bank, Mr Abba Bello, in his Office at Abuja

August 21, 2023 No Responses

$3b NNPCL/Afreximbank’s Naira Rescue Agenda Excites Tinubu

President Bola Tinubu is happy that the $3 billion in crude-for-cash funding secured from the African Export-Import Bank (Afreximbank) by the Nigerian National Petroleum Corporation (NNPC) Limited is gradually giving a breather to the foreign exchange market.&...

April 1, 2023 No Responses

Union Bank, CIG Motors Seal Auto Finance Partnership

Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to provide auto financing services to the Bank’s customers. The deal, signed at Union Bank’s...

November 14, 2022 No Responses

Ecobank Fintech Breakfast: Stakeholders Advocate Sound Corporate Governance, Scalable Proposal To Attract Investors

To achieve a sustainable and stable fintech ecosystem, operators in the industry have been advised to put in place sound corporate governance principles and policies and also package their business proposals to attract potential investors. This was...

November 13, 2022 No Responses

FBNBank UK Stands Tall At 40, Appreciates Customers, Regulators

FBNBank UK, a member of First Bank of Nigeria Limited and Subsidiaries had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had cust...

February 6, 2021 No Responses

Court Orders C/River To Repay $6.4m To ECOWAS Bank

The ECOWAS Court of Justice has ordered the government of Cross River State to repay the sum of US$6,455,846 to the ECOWAS Bank for Investment and Development (EBID). In its ruling on Friday, the court also ordered the Nigerian State...

February 27, 2020 No Responses

Fidelity Bank Photo News

Head, Savings Group, Fidelity Bank Plc, Ukpai Ibe; Winner of N2 million, Adepeju Esther Adepoju and her child; Divisional Head, Retail Bank, Fidelity Bank Plc, Richard Madiebo at the 2nd bi-monthly/ 4th monthly prize presentation of Fidelity Get Alert In...

December 11, 2019 No Responses

Senate Probes N20trn Unremitted Stamp Duties From Banks, Financial Institutions

The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account by Central Bank of Nigeria, an amount collected as stamp duties from Banks and Financial Institutions in the country. The....

August 6, 2019 No Responses

Nigeria Begins Sale Of 2, 3 Year Savings Bonds

The Federal Government on Monday offered for subscription two-year savings bond at 10.301 per cent and three-year savings bond at 11.301 per cent per annum, the Debt Management Office (DMO) has said.According to the offer circular obtained from the DMO...

June 28, 2019 No Responses

Photo News

L-R: Second Vice Chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), Felix Igbinoba; Deputy Managing Director, Fidelity Bank Plc, Mohammed Balarabe; Chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN)Y...